Starbucks Corporation (SBUX) has been seeing noticeable shifts, some positive and some negative. The appointment of a new CEO,
Brian Niccol, who has a reputation as a 'turnaround artist', has also seen another
Chipotle executive joining the company. This suggests a focus on revamping the company's structure and practices. Several investment pundits like Jim Cramer have reiterated their bullish stance on the company. However, Starbucks is also facing some significant troubles, including a
class action suit and a shift from
institutional investors. It's also grappling with issues related to unionization. A change in company strategy has been observed with a move towards focusing on the quality of products over discounts and deals. With the share price fluctuating with market trends, some investors have found promise in the company’s recent uptick, whereas others express concerns over its current state.
Starbucks Corp SBUX News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sat, 19 Oct 2024 17:54:28 GMT -
Rating 0
- Innovation -2
- Information 5
- Rumor -7
